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Highlights of Recommendations of Seventh Central Pay Commission

Recommended Date of implementation: 01.01.2016Minimum Pay: Based on the Aykroyd formula, the minimum pay in government is recommended to be set at ₹18,000 per month.Maximum Pay: ₹2,25,000 per month for Apex Scale and ₹2,50,000 per month for Cabinet S

PM to Launch Gold Related Schemes on 5th November, 2015

The Prime Minister Shri Narendra Modi will launch the four mega Gold related Schemes i.e. Gold Monetisation Scheme (GMS), Gold Sovereign Bond Scheme, Gold Coin Scheme and the Gold Bullion Scheme on Thursday, 5th November, 2015 in the national capital

Govt to issue sovereign gold bonds

Government of India, in consultation with Reserve Bank of India (RBI), has decided to issue Sovereign Gold Bonds. The Bonds will be issued on November 26, 2015. Applications for the bond will be accepted from November 05, 2015 to November 20, 2015. T

Clarification on the use of CA Logo

Limited Liability Partnership (Amendment) Rules 2015

Limited Liability Partnership (Amendment) Rules 2015

Valuation goof cost many CA qualification : ICAI responds to TOI news

Response to the Item �Valuation goof costs many CA qualification� in the Times of India, Chennai edition of October 6, 2015 News reports have appeared in certain section of the Press alleging poor quality of evaluation of CA examination a

India Emerged as the Fastest Growing Major Economy in the World

Statement after the Press Conference of Secretaries, Ministry of Finance: India Emerged as the Fastest Growing Major Economy in the World; While the Government Continues to Implement its Reform Agenda, the Economy Should Over Time Realize its 8 Perce

FM welcomes RBI decision to cut rate

Finance Minister: Government Welcomes the Reserve Bank of India’s Decision to Reduce the Repo Rate to 6.75 Percent from 7.25 Percent; Rate Cut, Combined with Actions Taken and Planned by the Government, will Help Boost Confidence and Investment

RBI announces bigger than expected rate cut of 50 basis points

Fourth Bi-monthly Monetary Policy Statement, 2015-16By Dr. Raghuram G. Rajan, GovernorPart A: Monetary Policy Monetary and Liquidity Measures On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to:

Extension of the term of the 7th Central Pay Commission

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval for the extension of the term of the 7th Central Pay Commission by four months up to 31.12.2015. Background:The 7th Central Pay Commission was constituted by